Active · per the CBE, 3 October 2026

Izza

BE0795501651

Rechtspersoon Private limited company 4 establishments

Izza is a hospitality business in Gent. Private Limited, started on 29 December 2022, 4 establishments.

Vrijdagmarkt 5, 9000 Gent

Behind the company: Haram Minhas, Mustafa Minhas.

Active for

3 year, 9 months

Financials

Financial year 2025

Izza from Gent, company number BE0795501651, closed financial year 2025 with a result of € 49,739 after tax. For that financial year Izza recorded a gross margin of € 537,109 and equity of € 70,282. Compared with financial year 2024, the result moved from € 31,908 to € 49,739. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.

What it is worth Growing

€ 70,282

▲ 216% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 49,739

▲ 56% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 114,987

▼ 48% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 1,666 paid out

3 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

9.7

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 370,053

▲ 4% vs 2024

€ 38,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt ≈ 1 years to go

€ 171,769

▼ 11% vs 2024

€ 122,491 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 275,631

▲ 148% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 122,139

▲ 89% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202320242025Change 2024 → 2025
Gross margin € 137,689 € 489,157 € 537,109 ▲ 10%
Profit after taxes € -12,981 € 31,908 € 49,739 ▲ 56%
Equity € -7,981 € 22,209 € 70,282 ▲ 216%
Total debts € 303,312 € 903,448 € 1,073,322 ▲ 19%
Cash € 89,434 € 219,460 € 114,987 ▼ 48%
Retained profit € -12,981 € 17,209 € 65,282 ▲ 279%
Dividend € 0 € 1,718 € 1,666 ▼ 3%
Bank debt € 95,461 € 193,447 € 171,769 ▼ 11%
Balance sheet total € 295,331 € 925,657 € 1,143,604 ▲ 24%
Employees (FTE) - - 9.7

Key figures of Izza, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to Izza?

What happened at Izza in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 49,739 (▲ 56% vs 2024). Source: NBB ↗
  • New establishment in Gent. KBO
  • New establishment in Knokke-Heist. KBO
  • New establishment in Beernem. KBO
  • New establishment in Gent. KBO
  • Haram Minhas became a director. NBB
  • Mustafa Minhas became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 12,981 loss in 2023 to € 49,739 profit in 2025.

Paid € 26,392 in corporate taxes since 2023.

Best year ever: 2025, with € 49,739 profit.

On average € 55,400 of value added per employee in 2025.

Management

Haram Minhas Mustafa Minhas

Behind Izza are Haram Minhas and Mustafa Minhas. Mustafa Minhas is also behind ALLEGRO MODERATO.

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Directors

According to the 2025 annual accounts

Haram Minhas

Director

since 2022

Mustafa Minhas

Director

Also active at: ALLEGRO MODERATO

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Vrijdagmarkt 5

9000 Gent

2.351.568.723

Kasteelhoek 37

8730 Beernem

Active since 2 November 2023

2.371.523.207

Lippenslaan 78 box 1

8300 Knokke-Heist

Active since 1 April 2025

2.381.459.767

Korenlei 7

9000 Gent

Active since 24 November 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0795.501.651
VAT number
BE 0795.501.651
Registered office
Vrijdagmarkt 5, 9000 Gent
Names & denominations
Izza
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
29 December 2022
Peppol
Active · Active since 6 Nov 2025
Activities · NACE

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Frequently asked questions

What does Izza do?
Izza is a hospitality business in Gent. Private Limited, started on 29 December 2022, 4 establishments.
What is the address of Izza?
The registered office of Izza is located at Vrijdagmarkt 5, 9000 Gent.
Is Izza still active?
Yes. According to the CBE (3 October 2026) Izza is active, legal situation “Normale toestand”, started on 29 December 2022.
Is Izza registered on Peppol?
Yes, Izza is registered on the Peppol network with ID 0208:0795501651.
What is the enterprise number of Izza?
The enterprise number of Izza is BE0795501651.
When was Izza founded?
Izza was founded on 29 December 2022.